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Oct 31, 2013
10/13
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on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a part time or a full time employee? what we know about the economic data is the high point of part time workers was in 2008 and 2009 at the height of the last recession. it has been decreasing each and every year. there is no data to support the fact that there is an uptick based on the impending affordable care act. i'm sure that there may be some individual employers making some business decisions about how many workers they want full time and how many part time. but i can tell you there is no economic data or employment data that supports the notion that this is an effective law. >> in fact,
on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a...
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Oct 30, 2013
10/13
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MSNBC
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expanded medicaid in his state, given resources to the mentally ill, and backed the mayor who raised taxes to improve schools. michael? >> i think the governor is dead on. and i'm very happy and rather proud to hear him put that out on the table. i think the party should talk more about the poor in the context of our policies and the things that we believe will help lift the poor. you know, i ask the questions when i give speeches, how many got up today and said all i want to be is poor. and no one raises their hands. the poor doesn't get up thinking that. i think our party is uniquely poised to do that. and i think the leadership of guys like kasich and others will help frame that argument into the future. if given the opportunity. and they have that sister soldier moment when they say to the rank and file, this is the way forward. not over there in the woods and in the trees, but this way talking about poor and opportunity and all that. >> looks to me like the crazy right is now fighting the reasonable right. as well as the left. >> yeah. >> anyway, thank you michael steele. thank you go
expanded medicaid in his state, given resources to the mentally ill, and backed the mayor who raised taxes to improve schools. michael? >> i think the governor is dead on. and i'm very happy and rather proud to hear him put that out on the table. i think the party should talk more about the poor in the context of our policies and the things that we believe will help lift the poor. you know, i ask the questions when i give speeches, how many got up today and said all i want to be is poor....
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Nov 4, 2013
11/13
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CSPAN
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eye 77
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they returned it in the form of a tax cut. that was a 10-year tax cut. what we did not anticipate, of course, was what happened on september 11, 2001. we went from surpluses to deficits almost overnight. he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done whether it's in this effort or future effort with u.s. just having posted its lowest deficits in 2008, is it? guest: we ended up the fiscal year that just ended, fiscal $6802013 with a deficit of billion. li
they returned it in the form of a tax cut. that was a 10-year tax cut. what we did not anticipate, of course, was what happened on september 11, 2001. we went from surpluses to deficits almost overnight. he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done...
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Nov 2, 2013
11/13
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FOXNEWSW
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to have to kafr for people on medicaid, they have to raise taxes, raise income tax or cut spending for roads, schools and things like that. there are a lot of people who still need insurance so let's expand it to help people get on. but real costs come with it. it's taxpayers. 26 states signed up for this. federal money is paying for them. you're still paying. >> if you think you're, you're not. you're a federal taxpayers. if they have a swelling of the medicaid rolls and don't pay from the exchanges guess who pays. here's a hint. ready? we have been digging into the rule causing millions of americans to lose health insurance. democratic senator mary landrieu is leading an effort to make sure the president's promise will be kept that people can keep their health care insurance if they like it. wait until we show you what she said about this specific issue just a couple of years ago. plus, he was a successful businessman with hundreds of employees but now not a one. he'll join us live with his warning for working americans in the wake of obama care. >>> breaking details tonight on a dea
to have to kafr for people on medicaid, they have to raise taxes, raise income tax or cut spending for roads, schools and things like that. there are a lot of people who still need insurance so let's expand it to help people get on. but real costs come with it. it's taxpayers. 26 states signed up for this. federal money is paying for them. you're still paying. >> if you think you're, you're not. you're a federal taxpayers. if they have a swelling of the medicaid rolls and don't pay from...
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Oct 29, 2013
10/13
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FOXNEWSW
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it's the read my lips, no new taxes of this president. this isn't a line he said one time in a speech and may have been an exaggeration. this was a core piece of the argument for why people should support the law. if you like your plan, you can keep it. the same people who use this individual insurance are entrepreneurs, people who need to insure themselves. >> here is the thing, mark. if he wanted to be honest he shouldn't have said, period. i want the 14 million americans i believe will lose their individual plans the to understand it is a risk. they can call their representative and tell them to vote for obama care or not based on the full disclosure of the information. >> let's wonder why the plans are illegal in the first place. >> no, no. respond to my -- i know you can bridge away to a happy place for you. i get it. that's a skill -- debate skills. >> i heem a happy man right now. >> speak to my point. let's have a substantive discussion. why did he say "period"? why not "sas trix"? >> for emphasis probably. the guest on before sai
it's the read my lips, no new taxes of this president. this isn't a line he said one time in a speech and may have been an exaggeration. this was a core piece of the argument for why people should support the law. if you like your plan, you can keep it. the same people who use this individual insurance are entrepreneurs, people who need to insure themselves. >> here is the thing, mark. if he wanted to be honest he shouldn't have said, period. i want the 14 million americans i believe will...
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Oct 30, 2013
10/13
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CSPAN
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let's do what we did with tax reform. break down to individual groups and solve this problem together so we are taking the best of the public sector, the best of the private sector, and all that innovation technology can bring to bear on changing the paradigm for the american citizen. so it's their health and well being that becomes the focus, not the ideology of either party. but the health and well-being of the american citizen. that's what this should be about. we can do it. by taking both sides of what both parties and both ideas can bring to this discussion, the best of the private sector, the best of the public sector and everything that science and technology and innovation can provide. there's more than $800 billion annually in wasted inefficiency. this is the most inefficient economic system in the world. can't we come together to solve that? use this committee to lead the way and set the example for regular order can provide by challenging everybody to sit down as we have in tax reform and come up with a solutio
let's do what we did with tax reform. break down to individual groups and solve this problem together so we are taking the best of the public sector, the best of the private sector, and all that innovation technology can bring to bear on changing the paradigm for the american citizen. so it's their health and well being that becomes the focus, not the ideology of either party. but the health and well-being of the american citizen. that's what this should be about. we can do it. by taking both...
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Nov 5, 2013
11/13
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for medicaid, 48% of people who buy insurance through the individual market will have thatdit -- a tax credit averages over $5,500. the aca is over four years old, we have seen improvements. the opening of the marketplace on october one is the latest step in the implementation of the law, we acknowledge that we have a lot more to do and are ready to do it. thank you, mr. chairman. you, commissioner tavenner. we will start a series of five- minute questions. everyoneld myself and else to five minutes. you might only get one question, that way we can go around once, twice, three times, as long as it takes so people can get questions asked. i hope we will keep within five minutes so everyone gets to ask questions. we'll start now. evaluate the as we problems with the website, it is important to get the facts straight. some have said that fixing the website could take six months to one year, others state that there are 5 million lines of code to rewrite, others urge you to start from scratch. wring some facts to this overheated debate. -- bring some facts to this overheated debate. i under
for medicaid, 48% of people who buy insurance through the individual market will have thatdit -- a tax credit averages over $5,500. the aca is over four years old, we have seen improvements. the opening of the marketplace on october one is the latest step in the implementation of the law, we acknowledge that we have a lot more to do and are ready to do it. thank you, mr. chairman. you, commissioner tavenner. we will start a series of five- minute questions. everyoneld myself and else to five...
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Nov 3, 2013
11/13
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CSPAN
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eye 97
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on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a part time or a full time employee? what we know about the economic data is the high point of part time workers was in 2008 and 2009 at the height of the last recession. it has been decreasing each and every year. there is no data to support the fact that there is an uptick based on the impending affordable care act. i'm sure that there may be some individual employers making some business decisions about how many workers they want full time and how many part time. but i can tell you there is no economic data or employment data that supports the notion that this is an effective law. >> in fact,
on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a...
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Oct 30, 2013
10/13
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even if the taxing power enables congress to impose a tax on not obtaining health insurance, any tax must still comply with other requirements in the constitution, unquote. in short, mr. speaker, obamacare was upheld as a tax. the supreme court did not and has not yet considered a challenge to the affordable care act's taxing provisions on the grounds that it violated the origination clause in the united states constitution. and, mr. speaker, it most certainly did exactly that. mr. speaker, the origination clause is found in article 1, section 7 of the constitution. and it states, quote, all bills for raising revenue shall originate in the house of representatives, unquote. in creating obamacare, senator harry reid took an entirely unrelated bill, h.r. 3590, containing just 714 words, and -- that did not raise taxes, and then he stripped it of everything but its bill number. he then put the 400,000-word obamacare that raised taxes in 17 different places into this empty shell bill. through this bit of legislative trickery, mr. speaker, mr. reid claims that obamacare originated in the
even if the taxing power enables congress to impose a tax on not obtaining health insurance, any tax must still comply with other requirements in the constitution, unquote. in short, mr. speaker, obamacare was upheld as a tax. the supreme court did not and has not yet considered a challenge to the affordable care act's taxing provisions on the grounds that it violated the origination clause in the united states constitution. and, mr. speaker, it most certainly did exactly that. mr. speaker, the...
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Oct 30, 2013
10/13
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but when you do that, i want to take corporate taxes to zero. they're stop building plants in puerto rico, they'll stop building plants in ireland, they'll stop gaming the system through corporate welfare, which is done through the tax system, it simplify it is and we'll get growth. >> you recently came through the cross hairs of krugman. "he seems to feel me must warn about the looming threat of a financial crisis" t." the title was "addicted to the apocalyp apocalypse." >> why would i be wasting my time going around to these colleges if we were doomed? we are absolutely not doomed. there are solutions. there's a lien fuse on this thing and we can fix it. we are absolutely not doomed and that is not anywhere near my message. >> she's speaking here at the wall street conference right upstairs, which i'm moderating today. a lot of big ideas here on what the future looks like. >> it a good ticket. we'll take a quick break here. "squawk on the street" will be right back. farmers presents: fifteen seconds of smart. so you want to drive more safely?
but when you do that, i want to take corporate taxes to zero. they're stop building plants in puerto rico, they'll stop building plants in ireland, they'll stop gaming the system through corporate welfare, which is done through the tax system, it simplify it is and we'll get growth. >> you recently came through the cross hairs of krugman. "he seems to feel me must warn about the looming threat of a financial crisis" t." the title was "addicted to the apocalyp...
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Oct 30, 2013
10/13
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outside the law but they will have new options for those who want to cover their employees and new tax credit possibilities. for large employers, about 96% of them already cover their employees, and as you know the penalty that your constituents refer to is not a penalty that is imposed in 2014. it is being discussed with businesses about what kind of information is exchanged and it will take place in 2015. >> gentleman's time. >> will use the gavel on me if you don't hush. i yield back my time. >> gentleman's time expired. chair recognize the gentlelady from california, miss eshoo. >> thank you, mr. chairman. welcome, madam secretary. you're a distinguished woman. you have distinguished yourself and your state, the offices that you've held and now working for the american people and i salute you for it. i want to really congratulate my republican pals for being absolutely, 1,000% consistent. you love what's wrong with the website and you detest what's working in the affordable care act. and i think that is on full display here. but let's get back to the website because that is what th
outside the law but they will have new options for those who want to cover their employees and new tax credit possibilities. for large employers, about 96% of them already cover their employees, and as you know the penalty that your constituents refer to is not a penalty that is imposed in 2014. it is being discussed with businesses about what kind of information is exchanged and it will take place in 2015. >> gentleman's time. >> will use the gavel on me if you don't hush. i yield...
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Oct 31, 2013
10/13
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what i understand your monthly premiums have gone from $509 a month to a $70 plan, plus additional tax credits because you qualified for both -- it brought your grand total down to a measly $1.11 some. >> yes, it did. >> for health care? >> yes, it did. how is that going to change your life? >> that was in comparison to a $509 plan that you were paying for. >> um, it just really will fit in the budget and me being a type 2 diabetic, i need certain things covered and this plan will cover these things, and at a savings, a great savings. >> and what do you say to those people out there that might be reluctant to visit health care.gov because there have been glitches, there have been problems and as you say, it was a time investment, but it it paid off for you, but what would you say to those people that could be reluctant? >> i would tell them to -- when you go on the marketplace, first of all, i would dial the 1-800 number that's provided and talk to the rep. tell them what you would like to happen for your health care and just be very patient and things will happen for you. ? all right.
what i understand your monthly premiums have gone from $509 a month to a $70 plan, plus additional tax credits because you qualified for both -- it brought your grand total down to a measly $1.11 some. >> yes, it did. >> for health care? >> yes, it did. how is that going to change your life? >> that was in comparison to a $509 plan that you were paying for. >> um, it just really will fit in the budget and me being a type 2 diabetic, i need certain things covered...
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Oct 30, 2013
10/13
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CNNW
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eye 34
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on the other hand, there are now tax credits available for some of the smaller employee -- employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 for more, there is a standard that says an employee is considered full-time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work, what was a part-time or full-time employee. what we know about the economic data is the high point of part-time workers was in 2008 and 2009 at the height of the last recession. it has been decreasing each and every year. there is no data to support the fact that there is an uptick based on the impending affordable care act. i'm sure that there maybe some individual employers making some business decisions about how many workers they want full-time and how many part-time. but i can tell you, there is no economic data or employment data that supports the notion that this is an effect of the la
on the other hand, there are now tax credits available for some of the smaller employee -- employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 for more, there is a standard that says an employee is considered full-time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of...
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Nov 5, 2013
11/13
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ALJAZAM
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but this colorado and the default position is that tax increases will go down, or you can say tax increases are always guilty until proven innocent. >> so professor, if you are right and this goes down, i'm wondering what coloradoians and particularly the kids in the state would be missing out on what does the state want to do with the money? >> well, that's part of the problem for amendment 66, is there's not a lot of clarity on how it will be spent. it doesn't tell you where it is going to go and it is tied to another piece of legislation. so unless amendment 66 passes then this doesn't go into effect then the school districts have flexible in how to spend the new resources. but that's been part of the problem is explaining what it is going to do other than increase funding. >> has something like this been put before voters. >> yes, just a few years ago, and it was 66% of the voters rejected it. so it it gives you an indication that the opposition they are facing. >> the chief architect of the plan says it is time for citizenning of the state to trust the state on education matters. how w
but this colorado and the default position is that tax increases will go down, or you can say tax increases are always guilty until proven innocent. >> so professor, if you are right and this goes down, i'm wondering what coloradoians and particularly the kids in the state would be missing out on what does the state want to do with the money? >> well, that's part of the problem for amendment 66, is there's not a lot of clarity on how it will be spent. it doesn't tell you where it is...
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Oct 29, 2013
10/13
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>> sure. >> i would like to do corporate tax reform. the question there is whether you can really do corporate tax reform in this relatively short period of time. you may be able to, at least, set up the parameters for the conversation. and that would be progress if people could agree on a framework for corporate tax reform. >> anything going on, chris? have you talked to -- it's not going to -- i really don't think there's any appetite for it on the right at this point to -- i think they want to get something done with you guys. this is an opportunity. >> i think it is an opportunity. and as to whether anything's happened, there have been some conversations. the first formal meeting of the conference committee will be tomorrow. my guess ask that will be primarily people offering their own perspectives on the budget and the way forward. and it will be after that that people really sit down and begin the negotiations. look, i do hope that we can find a way to at least take some, you know, small/medium steps forward to at least instill a
>> sure. >> i would like to do corporate tax reform. the question there is whether you can really do corporate tax reform in this relatively short period of time. you may be able to, at least, set up the parameters for the conversation. and that would be progress if people could agree on a framework for corporate tax reform. >> anything going on, chris? have you talked to -- it's not going to -- i really don't think there's any appetite for it on the right at this point to --...
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Nov 5, 2013
11/13
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just look at his tax policies. christie killed an infrastructure project that would have created thousands of jobs and helped the state of new jersey. christie hates public schools, and especially public school teachers, as we found out in recent days. christie has said many times that he is against gay marriage, he doesn't think gay people deserve the same rights as everyone else. i think that chris christie has no problem with discrimination. the moderate from new jersey is no different on social issues than ken cuccinelli in virginia or michele bachmann out of minnesota. chris christie is the most dangerous kind of republican there is. he seems to like a guy who will reach a cross party lines to get things done. no. christie will get things done. he will turn america bark to the bush era de backel that crippled this country for years. he is wrong-headed on so many issues. but he's probably going to win tonight. he's the media darling, here in the big apple. joining me now is our rapid response panel, randy wine
just look at his tax policies. christie killed an infrastructure project that would have created thousands of jobs and helped the state of new jersey. christie hates public schools, and especially public school teachers, as we found out in recent days. christie has said many times that he is against gay marriage, he doesn't think gay people deserve the same rights as everyone else. i think that chris christie has no problem with discrimination. the moderate from new jersey is no different on...
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Oct 31, 2013
10/13
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tax loopholes. it also includes smart and targeted spending cuts and it includes $275 billion in entitlement savings. achieved without cutting medicare benefits that seniors have earned and relied upon. the house republican budget has significant cut to benefits and provides economic security to millions of -- excuse me, house republican budget has significant cuts to medicare benefits. those are the very wefts that provide economic security to millions of middle class families and it has zero dollars of revenues which could be used to invest in the essential pillars of economic growth like education, work force readiness, science, research, and innovation. i believe there are significant savings that can be achieved in our health care system without comprising the quality of care and in fact, while improving the quality of care. and without slashing benefits that are senior -- our seniors have worked so hard for and earned. have estimated that we could save $1 trillion per year without affecting he
tax loopholes. it also includes smart and targeted spending cuts and it includes $275 billion in entitlement savings. achieved without cutting medicare benefits that seniors have earned and relied upon. the house republican budget has significant cut to benefits and provides economic security to millions of -- excuse me, house republican budget has significant cuts to medicare benefits. those are the very wefts that provide economic security to millions of middle class families and it has zero...
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Nov 2, 2013
11/13
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you just pay your taxes, government pays the bills, no website, no confusion. that's what we didn't get, and it's the spin machine that's made us think that this is some kind of -- >> and despite all the spin and despite the complication and the healthcare.gov glitches, when we look at the questions about an opinion of the affordable care act, we still see that in october of 2013, in september of 2013, in july of 2013, it's pretty consistently above a third of americans thinking it's a good idea, fewer than half of americans thinking it's a bad idea, and this is despite, as you point out, tara, the massive misinformation obfuscation campaign by republicans on this. i mean, they've been running against obama care for three election cycles. >> i have to jump on the electoral cal clus, which is what about the government shutdown? we have totally forgotten about the government shutdown and how the republican party blundered that. where people were out of work for week, billions of dollars were lost. so we're coming -- but the aca has obfuscated this, and this is go
you just pay your taxes, government pays the bills, no website, no confusion. that's what we didn't get, and it's the spin machine that's made us think that this is some kind of -- >> and despite all the spin and despite the complication and the healthcare.gov glitches, when we look at the questions about an opinion of the affordable care act, we still see that in october of 2013, in september of 2013, in july of 2013, it's pretty consistently above a third of americans thinking it's a...
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Oct 29, 2013
10/13
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i would just like to see, you know me, simon, i want pro-growth tax reform, particularly business tax reform, particularly the repatriation of over $1 trillion lodged overseas. >> that could change the game if it ever happens, larry. it's great seeing you. we'll see you tonight. >> thank you, thank you. >> "the kudlow report" at 7:00 p.m. eastern time here on cnbc. dow is up 43. let's go to dominic chew. >> shares of cummins has stalled out. they reported profits that fell short of estimates and cut full-year profit and sales outlook because of weaker demand, especially from the miners. meanwhile international sales fell by 4% because of weaker demand in places like europe and india, carl. back over to you. >> that one is hurting a lot. when we come back, apple ceo tim cook promising some new product categories next year on the company's conference call. is that enough for investors? what cook needs to be doing to lead apple in the right direction when we come right back. where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here
i would just like to see, you know me, simon, i want pro-growth tax reform, particularly business tax reform, particularly the repatriation of over $1 trillion lodged overseas. >> that could change the game if it ever happens, larry. it's great seeing you. we'll see you tonight. >> thank you, thank you. >> "the kudlow report" at 7:00 p.m. eastern time here on cnbc. dow is up 43. let's go to dominic chew. >> shares of cummins has stalled out. they reported...
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Oct 30, 2013
10/13
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CSPAN
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eye 97
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on the other hand, there are now tax credits available for some of the smaller employees -- employers who want to cover coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full-time if he or she works 30 hours a week. and that really came from a market snapshot, with help from the small business administration, of where employee benefits were in the private market based on hours of work. what was a part-time or full-time employee. what we know about the economic data is the high point of part-time workers was in 2008 and 2009, at the height of the last recession, it has been decreasing each and every year. there is no data to support the fact that there is an uptick based on the impending affordable care act. i am sure that there may be some individual employers making some business decisions about how many workers they want full-time and how many part-time. but i can tell you there is no economic data or employment data that supports the notion that this is an effect of the
on the other hand, there are now tax credits available for some of the smaller employees -- employers who want to cover coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full-time if he or she works 30 hours a week. and that really came from a market snapshot, with help from the small business administration, of where employee benefits were in the private market based on hours of...
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Oct 31, 2013
10/13
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MSNBC
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i will cut taxes. restore your prompt tax rebates. he raises property taxes. how does this work in new jersey? >> he cut the program and turned it into a direct credit. not only did he significantly reduce how much, most low income. middle-class homeowners and seniors receive. he converted it. instead of receiving a rebate check. you can then go out and spend. transferred into a direct credit on your property tax bill. shows up as a line when you get your tax bill. you no longer get that check. if this was the campaign commercial a month after he won election, i think that the results may have been a lot different. i think the takeaway is what he found is it is a lot harder when you are running the state and you are in control of the budget than when on the outside and you are criticizing the guy who is. >> crystal, it seems that he -- that he tries how to work this reputation as the straight talker. but it isn't actually based on doing what he says he would do. >> yeah, that's exactly right. and i mean in fairness. he doesn't tripe how y to work . he does wor
i will cut taxes. restore your prompt tax rebates. he raises property taxes. how does this work in new jersey? >> he cut the program and turned it into a direct credit. not only did he significantly reduce how much, most low income. middle-class homeowners and seniors receive. he converted it. instead of receiving a rebate check. you can then go out and spend. transferred into a direct credit on your property tax bill. shows up as a line when you get your tax bill. you no longer get that...
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Oct 29, 2013
10/13
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CSPAN2
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eye 57
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, tax breaks, tax credits, tax deductions, tax loopholes, tax gap adds up over the next ten years to anywhere from $10 trillion to $15 trillion. we're going to spend more money out of the treasury for tax expenditures than we're going to spend in all our appropriations bills combined. if we could capture 5% of $12 trillion over ten years for deficit reduction, that's $600 billion. if we could match that in like a bowles-simpson number, we could do about another $2 billion on deficit reduction on top of what we've already done. is that a grand compromise that i want and i think the senator from ohio wants and i know the senator from west virginia wants, it's not a grand compromise but i call it a baby grand. a baby grand and it's certainly better than kicking that can down the road. the last time we kicked the can down the road the beginning of this year i remember saying on this floor we kicked a rather large can down the road not very far. i'm tired of doing that. i don't want us to do that. we may have maybe our last best chance here in this budget conference to do the kind of thin
, tax breaks, tax credits, tax deductions, tax loopholes, tax gap adds up over the next ten years to anywhere from $10 trillion to $15 trillion. we're going to spend more money out of the treasury for tax expenditures than we're going to spend in all our appropriations bills combined. if we could capture 5% of $12 trillion over ten years for deficit reduction, that's $600 billion. if we could match that in like a bowles-simpson number, we could do about another $2 billion on deficit reduction...
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Oct 29, 2013
10/13
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CSPAN
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i am sorry, sir, i do not want to pay more taxes, i barely make it as it is. in youw is your last day guys are taking a vacation again for another 10 days and i would like to know why, when there are so many things that have to be done in congress? guest: well, there is a schedule. as you know, we were supposed to be off two weeks ago when we had the travesty of trying to get the government act opening and. when people say vacation, i know i will be in my district working every day. most congressmen will be doing the same thing, regardless of which side of the aisle. this is not a vacation. people think that if we are not in washington we do not do anything. people have to speak for themselves, i can assure you that is not my cup of tea. your second question about harry reid, there is a problem in terms of revenue. there is a problem that we have in the deficit area the commitment to his cut the deficit in half, which is very good, we are going in the right direction. when you shut the government down and have a plan for sequester cut by five percent, it hurts
i am sorry, sir, i do not want to pay more taxes, i barely make it as it is. in youw is your last day guys are taking a vacation again for another 10 days and i would like to know why, when there are so many things that have to be done in congress? guest: well, there is a schedule. as you know, we were supposed to be off two weeks ago when we had the travesty of trying to get the government act opening and. when people say vacation, i know i will be in my district working every day. most...
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Oct 30, 2013
10/13
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on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full-time if he or she works 30 hours a week and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work, what was a part-time or full-time employee. what we know about the economic data is the high point of part-time workers was in 2008 and 2009 at the height of the last recession. it has been decreasing each and every year. there is no data to support the fact that there is an up tick based on the impending affordable care act. i am sure that there may be some individual employers making some business decisions about how many workers they want full time and how many part-time, but i can tell you there is no economic data or employment data that supports the notion that this is an effect of the law. >> true.
on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full-time if he or she works 30 hours a week and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work, what was a...
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Oct 28, 2013
10/13
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MSNBC
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the texans pay those taxes. >> those tax dollars are not paying for obama care. >> let's not just talk about the expansion of medicaid, though. i think it's very easy to lose me and a lot of our viewers here. keep it to the big question, which is, how did this get botched and what are the consequences of it? there is a model here, and it's only going to work if one thing happens, and that's if young and healthy people sign up. >> there is a lesson here, and what we're seeing is the collapse and failure of big old dumb, top-down higheirarchical government in washington. it can do a lot of things but it can't deal with the complexities of an adaptive, modern society. if obama care was an anomaly, that would be one thing. but tell me one thing washington is doing a good job at. education, a disaster. social security, it's bankrupt a ponzi scheme. name something washington is doing -- can't manage its fiscal account. they said part of the problem of being president is the government is so vast, you can't know what's going on underneath it. government seems to be expanded? that's the wrong
the texans pay those taxes. >> those tax dollars are not paying for obama care. >> let's not just talk about the expansion of medicaid, though. i think it's very easy to lose me and a lot of our viewers here. keep it to the big question, which is, how did this get botched and what are the consequences of it? there is a model here, and it's only going to work if one thing happens, and that's if young and healthy people sign up. >> there is a lesson here, and what we're seeing...
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this will be a big tax-and-spend boondoggle for the american people. sure enough, connell, we found out it was much worse than we ever anticipated. i think governoo christie, don't take away anything he has done in new jersey. he is a remarkable governor in a blue state. leadership during superstorm sandy is something to be commended but i think when you look at a national ticket and look at primary process, look at conservative party right now i don't think governor christie, he might prove us all wrong i don't think he is necessarily going to be the guy that will make it through a primary process. connell: look at electoral college math, people say i can't believe you're talking about, this governor's race and fast forwarding to 2016, what is your argument for somebody like a cuccinelli if he wins the primary? it will not be him necessarily running for president but somebody from that background wins the primary, how does he win? have you seen the math that shows you he can win nationally. >> politics is always about addition rather than subtract shu
this will be a big tax-and-spend boondoggle for the american people. sure enough, connell, we found out it was much worse than we ever anticipated. i think governoo christie, don't take away anything he has done in new jersey. he is a remarkable governor in a blue state. leadership during superstorm sandy is something to be commended but i think when you look at a national ticket and look at primary process, look at conservative party right now i don't think governor christie, he might prove us...
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Nov 4, 2013
11/13
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the pieces were found by a tax investigation. sonja has more on the discoughedry. the story of a billion dollars nazi art was broken by a magazine. a flesher trove of master pieces. the large over the amounts 6 art confiscated by the nazis was considered rubbish. >> they lay in darkened rooms. a reclusive son of an art collector. >> this is the building where the art collection had been uncovered by german authorities. is 500 mass at the pieces were located in the munich apartment. the collection is being held in a safe outside of this office in munich. authorities are reacted cautiously as they attempted to piece together the evidence around the discoughedry. the government is support" the state prosecution in the field of so-called deagain rat art and nazi looted arts. >> he was questioned by police for ta tax evasion. less jewish collectsors were forced to sell arts works at a greatly reduced price. as was the case of edward munch's "the scream many". the issue of rest 250ugs is one that collectors have been forced to confront. the they have been at the heart of
the pieces were found by a tax investigation. sonja has more on the discoughedry. the story of a billion dollars nazi art was broken by a magazine. a flesher trove of master pieces. the large over the amounts 6 art confiscated by the nazis was considered rubbish. >> they lay in darkened rooms. a reclusive son of an art collector. >> this is the building where the art collection had been uncovered by german authorities. is 500 mass at the pieces were located in the munich apartment....
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Oct 29, 2013
10/13
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MSNBCW
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i would rather see our tax dollars spent on improving our kids' schools rather than defending this law. greg abott immediately filed an appeal to today's ruling. joining me now, msnbc and planned parenthood in houston, texas, one of the plaintiffs in the lawsuit. this must have been quiet a win down there today. >> yes, lawrence, thank you. this ruling is a victory for our parents. it's a ruling for women. it sends a clear signal across 50 states. it is unconstitutional for politicians to pass laws that take away the private personal health care decisions that women make in consultation with their physician. >> melanie, i just want to check one thing. the 30 mile rule of being knocked out, does that mean there won't be any facilities that will have to close as a result of any other provisions in this law? >> well, that remains to be seen. but what this does mean is that women across the state will have access to abortion care preserved for them. >> crystal, here is a george w. bush judge looking at what this legislature did and saying that it cannot stand. >> yes. and the piece that yo
i would rather see our tax dollars spent on improving our kids' schools rather than defending this law. greg abott immediately filed an appeal to today's ruling. joining me now, msnbc and planned parenthood in houston, texas, one of the plaintiffs in the lawsuit. this must have been quiet a win down there today. >> yes, lawrence, thank you. this ruling is a victory for our parents. it's a ruling for women. it sends a clear signal across 50 states. it is unconstitutional for politicians to...
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Oct 28, 2013
10/13
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and we have a tax system that is not fair. we've got companies parking money offshore, and not paying their fair share. that would be a great place to start. because sales solves a lot of problems in business. and if you've got more money in the treasury. and i've got a call on the ro radio show today. guy said ed, the thing that really concerns me about you democrats and you liberals, all you want to do is raise taxes and get more money out of the wealthy, all you're going to do is spend it. wait a minute. president obama has given the sequesterer numbers a chance. remember, july and august of 2011 when boehner came out and said i got 99% of what i wanted? we have taken, the liberals, the numbers from the conservatives when it comes to sequestration. we have reduced federal spending. we have reduced the deficit in half. so this idea that if we get more money to the treasury from the wealthiest americans and all the democrats are going to do is go out and spend it, there is no record of that under the obama years. stick around
and we have a tax system that is not fair. we've got companies parking money offshore, and not paying their fair share. that would be a great place to start. because sales solves a lot of problems in business. and if you've got more money in the treasury. and i've got a call on the ro radio show today. guy said ed, the thing that really concerns me about you democrats and you liberals, all you want to do is raise taxes and get more money out of the wealthy, all you're going to do is spend it....
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Nov 4, 2013
11/13
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WTTG
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plus, find out which local area jurisdiction may be rethinking the bag tax. that's all coming up tonight at 6:00. >> that's good stuff to get to. thanks. in tonight's consumer alert, blackberry says it is scrapping plans to sell the company and not only that, it is getting a billion dollar investment from majority shareholder, fairfax financial. but, blackberry's ceo is going to step down. >> and retailers are wasting no time rolling out those holiday shopping deals. they are in their inbox already and it happened four days after halloween. wal-mart usually saves its big sales for black friday, but this year is different. the giant retailer kicked off an online sales event and amazon launched its black friday deal store. >>> still ahead, the political battle being waged on the other side of the country that could impact what we pay for food right here at home. >> the first, don't be so quick to cash in if you are told you won a big jackpot. how scammers are using a popular sweep stakes to try and steal your money. i'm mark herring, candidate for attorney gene
plus, find out which local area jurisdiction may be rethinking the bag tax. that's all coming up tonight at 6:00. >> that's good stuff to get to. thanks. in tonight's consumer alert, blackberry says it is scrapping plans to sell the company and not only that, it is getting a billion dollar investment from majority shareholder, fairfax financial. but, blackberry's ceo is going to step down. >> and retailers are wasting no time rolling out those holiday shopping deals. they are in...